Business
ADP National Employment Report: Private Sector Employment Increased by 63,000 Jobs in February; Annual Pay was Up 4.5%
Private sector employment increased by 63,000 jobs in February and pay was up 4.5 percent year-over-year according to the February ADP National Employment Report® produced by ADP Research in collaboration with the Stanford Digital Economy Lab ("Stanford Lab").
About this update from Automatic Data Processing, Inc.
[{"type":"text","content":"ROSELAND, N.J., March 4, 2026 /PRNewswire/ -- Private sector employment increased by 63,000 jobs in February and pay was up 4.5 percent year-over-year according to the February ADP National Employment Report® produced by ADP Research in collaboration with the Stanford Digital Economy Lab ("Stanford Lab").","length":316,"tagName":"p"},{"type":"text","content":"The ADP National Employment Report is an independent measure of the labor market based on the anonymized weekly payroll data of more than 26 million private-sector employees in the United States. ADP's Pay Insights captures over 15 million individual pay change observations each month. Together, the jobs report and pay insights use ADP's fine-grained data to provide a representative and high-frequency picture of the private-sector labor market.","length":456,"tagName":"p"},{"type":"text","content":""We've seen an increase in hiring and pay gains remain solid, especially for job-stayers," said Dr. Nela Richardson, chief economist, ADP. "But with hiring concentrated in only a few sectors, our data shows no widespread pay benefit from changing jobs. In fact, the pay premium for switching employers hit a record low in February."","length":356,"tagName":"p"},{"type":"text","content":"February 2026 Report Highlights","length":31,"tagName":"p"},{"type":"text","content":"View the ADP National Employment Report and interactive charts at www.adpemploymentreport.com.","length":94,"tagName":"p"},{"type":"text","content":"JOBS REPORT","length":11,"tagName":"p"},{"type":"text","content":"Private employers added 63,000 jobs in FebruaryHiring jumped in February, delivering the best showing for job gains since July 2025. Construction and education and health services led the growth.","length":196,"tagName":"p"},{"type":"text","content":"Change in U.S. Private Employment: 63,000","length":41,"tagName":"p"},{"type":"text","content":"Change by Industry","length":18,"tagName":"p"},{"type":"text","content":"- Goods-producing: 16,000","length":25,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Natural resources/mining 2,000","length":30,"tagName":"p"}]},{"val":[{"type":"text","content":"Construction 19,000","length":19,"tagName":"p"}]},{"val":[{"type":"text","content":"Manufacturing -5,000","length":20,"tagName":"p"}]}],"tagName":...